The retail industry, the financial services industry, and the health care industry are just a few of the areas in which IU grads find work. The majority of alumni accept jobs in the education industry. Graduates of IU earn around $60K on average.
The biggest paychecks among IU alumni are earned by Optometrists — these former students make a median salary of approximately $120K per year. The next biggest paychecks go to Executive Directors ($72K) and Human Resources Managers ($63K). Salaries are anything but generous for Marketing Coordinators, whose earnings rank lowest on the pay scale at $43K.
Indianapolis, Ind. is a hot spot for IU alum. With a median salary of $86K, San Francisco, Calif. represents the highest-paid city popular among IU grads. On the far end of the pay scale, IU alumni often reside in Fort Wayne, Ind., which is home to the lowest pay at about $39K. Graduates also relocate to New York, N.Y. and Chicago, Ill.
Former Hoosiers who fare the best in terms of salary hold a medical degree and earn a median salary of $120K per year. Average annual salaries for those with a Bachelor of Science in Psychology are the lowest of the pack, earning $39K.
Strategic Planning commands a pay premium of 23 percent for former Hoosiers. IU alumni are often well versed in Microsoft Excel, with around an eighth of grads ending up in jobs that require this skillset. Other prime know-hows include Microsoft Office, Project Management, and Data Analysis.
Benefits and Perks
Just two-fifths of alumni enjoy paid vacation and merely one in five survey participants get paid sick time. Health coverage is awarded to a large number of graduates, and dental insurance is issued to a strong majority of former students as well. A large number of survey participants save for retirement through a 401(k) plan. Graduates of Indiana University are also recipients of a casual working environment, life insurance, a company-subsidized cell phone, and tuition reimbursement.
University of Kentucky grads bring in salaries of around $64K, making them the most similar to IU alumni in terms of earnings. The University of Cincinnati-Main Campus, the University of Louisville, and the University of Illinois at Urbana-Champaign are also similar to IU.